| |
| Performance
At A Glance |
|
| Group Financial Highlights |
 |
| |
2004 |
2003 |
Change (%) |
| |
| For the year (S$’000) |
|
|
|
 |
| Turnover |
5,943,962 |
4,641,660 |
28 |
|
| EBITDA |
1,117,111 |
582,875 |
92 |
|
| Profit from operations |
1,015,813 |
470,634 |
116 |
|
| Profit after taxation and minority interest (PATMI) |
|
|
|
|
| -before exceptional items |
231,680 |
183,685 |
26 |
|
| -after exceptional items |
395,495 |
285,135 |
39 |
|
| Capital Expenditure |
280,886 |
580,841 |
(52) |
| |
|
|
|
|
| At year end (S$’000) |
|
|
|
|
| Shareholders’ funds |
1,958,345 |
1,715,676 |
14 |
|
| Total assets |
8,018,215 |
6,601,774 |
21 |
|
| Net (Cash)/Borrowings |
(194,704) |
1,374,277 |
NM |
|
| Free cash flow |
2,007,446 |
530,424 |
278 |
|
| |
|
|
|
|
| Per share |
|
|
|
|
| Earnings (cents) |
|
|
|
|
| -before exceptional items |
12.71 |
10.09 |
26 |
|
| -after exceptional items |
21.69 |
15.66 |
39 |
|
| Net assets ($) |
1.07 |
0.94 |
14 |
|
| Net tangible assets (cents) |
0.99 |
0.88 |
13 |
|
| Gross dividends (cents) |
11.25 |
7.00 |
61 |
|
| Gross dividend yield (%) |
6.9 |
5.6 |
23 |
|
| |
|
|
|
|
| Financial ratios |
|
|
|
|
| Return on equity (%) |
|
|
|
|
| -before exceptional items |
13.1 |
11.4 |
15 |
|
| -after exceptional items |
21.3 |
17.7 |
20 |
|
| Return on total assets (%) |
|
|
|
|
| -before exceptional items |
5.7 |
5.6 |
2 |
|
| -after exceptional items |
13.6 |
7.3 |
86 |
|
| Interest cover (times) |
14.9 |
7.4 |
101 |
|
| Net gearing (times) |
Net Cash |
0.6 |
NM |
|
|
| |
|
|
|
|
| Productivity data (S$’000) |
|
|
|
|
| Economic value added |
311,033 |
91,008 |
242 |
|
|
|
 |
